10 hours ago 11, /CNW/ - Green Growth Brands Inc. (GGB. Partners with Simon Property Group to Launch America's First Chain of CBD Shops. 8 hours ago Green Growth Brands Partners with Simon Property Group to Launch America's First Chain of CBD Shops. Share. Ryan Allway. February 11th. 6 hours ago Green Growth Brands Partners with Simon Property Group to Launch America's First Chain of CBD Shops. February 11, |. No Comments.
Shops Launch Property Group America’s Growth Chain CBD First to Green Brands Partners Simon with of
The increasingly popular CBD compound, which comes from the cannabis plant, promises to deliver the calming benefits of marijuana without the high that comes from THC. However, Food and Drug Administration regulations still prohibit CBD from being added to foods and drinks, which could present some hurdles for restaurant owners already selling it in coffee and cocktails.
For Simon, landing GGB as a national tenant will help the landlord fill empty space at its properties. Mall owners have been struggling in recent months to fill storefronts as brands like Gymboree and Sears go bankrupt and shut stores or scale back their real estate like Gap and Victoria's Secret.
Simon has been turning to non-retail tenants like apartments and hotels to fill that empty space. Also on Monday, luxury department store chain Barney's said it will be opening a "cannabis lifestyle shop" in its Beverly Hills store next month, promising more locations to come. The retailer said the space, known as "The High End," will sell an exclusive vaporizer pen, pastilles and other CBD-related items. Pickup prices charge into luxury car territory. What Walmart-owned stores look like around the world.
Some common houshold products are going to cost you even more. According to Fortune, Church and Dwight is increasing prices on some household items. Elizabeth Keatinge has more. Swedish furnishings giant Ikea is accelerating a drive into services, including assembling your flat-pack furniture for you, and maybe one day designing your home decor too. Green Growth Brands Inc. GGBXF gains access to prime retail locations owned by the largest shopping mall operator in the U.
We know this arrangement gives us access to the best locations, foot traffic, and consumers. We look forward to introducing our remarkable retail experience and line of CBD products to Simon shoppers in the near future. GGBXF launch, and look forward to a long and deepening relationship as we build this network together.
The remaining shops will be opened over the course of The common shares are subject to a lock up agreement for a period of 12 months from the effective date. Authentic Retail Concepts, Ltd. The shares are subject to a lock up agreement for a period of 12 months from the effective date. Simon properties across North America, Europe, and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
Led by Peter Horvath, the GGB team is full of retail and consumer packaged goods experts with decades of experience building successful brands.
Green Growth Brands Partners with Simon Property Group to Launch America's First Chain of CBD Shops
1 hour ago Green Growth Brands to launch a chain of CBD shops that it has entered an agreement with Simon Property Group (SPG). With these shop locations, GGBXF will launch America's first chain Peter Horvath, CEO of GGBXF, said, “ Our partnership with Simon allows GGB to launch our brands and CBD. Business news, resources, research, and investment discussion for publicly traded cannabis related stocks. Cision distribution by PR Newswire empowers communicators to identify and engage with key influencers, craft and distribute meaningful stories, and measure .